Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

Oracle Financials Cloud

10 Ratings
Score 8.1 out of 101

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Likelihood to Recommend

Abila MIP Fund Accounting

Because I work in the FQHC world, I would recommend this product specifically for any business or end user within that field. This product allows people in this field to comply with federal reporting requirements, makes it easier to track grants, and allows for the slicing and dicing of financial statements in many ways which is important in this field. This product is good for most day to day accounting functions and is pretty robust as well for an FQHC. This product is probably less appropriate for large healthcare systems where you want to keep track of statistics which this product cannot currently do.
Erich Koch profile photo

Oracle Financials Cloud

If your business has plans that include aggressive growth
and aspires to be a best-in-class organization, your IT
systems and applications need to be up to the task.
Homegrown solutions created for a smaller business or
outdated commercial software can hamper your plans for
growth. If your IT infrastructure and maintenance costs
are affecting your ability to grow, then a cloud-based ERP
suite is well worth exploring.
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Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
8.0
Oracle Financials Cloud
9.8
Pay calculation
Abila MIP Fund Accounting
8.6
Oracle Financials Cloud
10.0
Benefit plan administration
Abila MIP Fund Accounting
8.1
Oracle Financials Cloud
9.0
Direct deposit files
Abila MIP Fund Accounting
8.7
Oracle Financials Cloud
Salary revision and increment management
Abila MIP Fund Accounting
7.3
Oracle Financials Cloud
10.0
Reimbursement management
Abila MIP Fund Accounting
7.3
Oracle Financials Cloud
10.0

Customization

Abila MIP Fund Accounting
7.3
Oracle Financials Cloud
10.0
API for custom integration
Abila MIP Fund Accounting
7.4
Oracle Financials Cloud
10.0
Plug-ins
Abila MIP Fund Accounting
7.3
Oracle Financials Cloud
10.0

Security

Abila MIP Fund Accounting
8.3
Oracle Financials Cloud
10.0
Single sign-on capability
Abila MIP Fund Accounting
8.3
Oracle Financials Cloud
Role-based user permissions
Abila MIP Fund Accounting
8.4
Oracle Financials Cloud
10.0

Reporting & Analytics

Abila MIP Fund Accounting
7.4
Oracle Financials Cloud
9.7
Dashboards
Abila MIP Fund Accounting
6.5
Oracle Financials Cloud
10.0
Standard reports
Abila MIP Fund Accounting
7.8
Oracle Financials Cloud
10.0
Custom reports
Abila MIP Fund Accounting
7.9
Oracle Financials Cloud
9.0

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
Oracle Financials Cloud
9.3
Accounts payable
Abila MIP Fund Accounting
8.5
Oracle Financials Cloud
10.0
Accounts receivable
Abila MIP Fund Accounting
8.1
Oracle Financials Cloud
10.0
Cash management
Abila MIP Fund Accounting
8.0
Oracle Financials Cloud
10.0
Bank reconciliation
Abila MIP Fund Accounting
8.4
Oracle Financials Cloud
9.0
Expense management
Abila MIP Fund Accounting
8.0
Oracle Financials Cloud
10.0
Time tracking
Abila MIP Fund Accounting
7.2
Oracle Financials Cloud
9.0
Fixed asset management
Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
10.0
Multi-currency support
Abila MIP Fund Accounting
6.2
Oracle Financials Cloud
10.0
Multi-division support
Abila MIP Fund Accounting
8.1
Oracle Financials Cloud
10.0
Regulations compliance
Abila MIP Fund Accounting
7.9
Oracle Financials Cloud
10.0
Electronic tax filing
Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
10.0
Self-service portal
Abila MIP Fund Accounting
5.7
Oracle Financials Cloud
10.0
Standardized Processes
Abila MIP Fund Accounting
6.6
Oracle Financials Cloud
7.0
Global Financial Support
Abila MIP Fund Accounting
Oracle Financials Cloud
10.0
Primary and Secondary Ledgers
Abila MIP Fund Accounting
Oracle Financials Cloud
8.0
Intercompany Accounting
Abila MIP Fund Accounting
Oracle Financials Cloud
9.0
Localizations
Abila MIP Fund Accounting
Oracle Financials Cloud
8.0
Journals and Reconciliations
Abila MIP Fund Accounting
Oracle Financials Cloud
8.0
Enterprise Accounting
Abila MIP Fund Accounting
Oracle Financials Cloud
9.0
Configurable Accounting
Abila MIP Fund Accounting
Oracle Financials Cloud
10.0

Inventory Management

Abila MIP Fund Accounting
4.2
Oracle Financials Cloud
10.0
Inventory tracking
Abila MIP Fund Accounting
7.3
Oracle Financials Cloud
10.0
Automatic reordering
Abila MIP Fund Accounting
1.0
Oracle Financials Cloud
Location management
Abila MIP Fund Accounting
7.7
Oracle Financials Cloud
Manufacturing module
Abila MIP Fund Accounting
1.0
Oracle Financials Cloud
10.0

Order Management

Abila MIP Fund Accounting
4.7
Oracle Financials Cloud
8.7
Pricing
Abila MIP Fund Accounting
6.7
Oracle Financials Cloud
10.0
Order entry
Abila MIP Fund Accounting
6.8
Oracle Financials Cloud
10.0
Credit card processing
Abila MIP Fund Accounting
2.5
Oracle Financials Cloud
10.0
Cost of goods sold
Abila MIP Fund Accounting
2.7
Oracle Financials Cloud
10.0
Order Orchestration
Abila MIP Fund Accounting
Oracle Financials Cloud
10.0
End-to-end order visibility
Abila MIP Fund Accounting
Oracle Financials Cloud
4.0
Order exception Resolution
Abila MIP Fund Accounting
Oracle Financials Cloud
7.0

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.0
Oracle Financials Cloud
9.8
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
Oracle Financials Cloud
Configurable alerts
Abila MIP Fund Accounting
7.1
Oracle Financials Cloud
Billing bypass
Abila MIP Fund Accounting
6.5
Oracle Financials Cloud
9.0
Client template cloning
Abila MIP Fund Accounting
7.6
Oracle Financials Cloud
10.0
Single sign-on
Abila MIP Fund Accounting
4.5
Oracle Financials Cloud
Industry-specific versioning
Abila MIP Fund Accounting
8.3
Oracle Financials Cloud
10.0
Legacy system data migration
Abila MIP Fund Accounting
7.0
Oracle Financials Cloud
10.0
Cross-client workflow management
Abila MIP Fund Accounting
Oracle Financials Cloud
10.0

Pros

  • It allows you to create folders in which you can scan invoices, business associate contracts, and contracts in general by vendor. This allows us to keep everything in one place digitally. The good thing about this is that it speeds up finding old invoices, and allows you to send audit selections to the auditor faster due to the items selected already being scanned in digitally.
  • MIP allows for the creation of distribution codes. These are nice as they allow you to charge out common costs to multiple departments in a quick manner. Without this feature, one has to key in manually many line items into the system each and every month. Plus this feature allows for consistency, and elimination of keying errors.
  • If you have the Chart of Accounts set up properly, this system allows you to better track items by departments, Revenue/Fund codes, Location, and by GL. This is important as it allows for better analysis, tracking and reporting.
  • As for the budgeting module, this is also nice as you have the ability to upload your budget via a CSV file or you can manually cut and paste your numbers from excel into the system as well. The key thing though is setting up your budget template to match the format in MIP when cutting and pasting.
Erich Koch profile photo
  • It’s all in one solution for all major needs of business.
  • You can integrate all Oracle systems with each other, which gives you a perfect result, because the entire system is developed within a group.
  • Oracles EBS provides you integration with advanced technologies including Web Server, Java and Apache.
  • As compared to other ERP’s deployments, EBS implements at a lower cost.
  • It offers you customized reporting features with which you can create a dashboard as per business needs.
No photo available

Cons

  • The interface is not very user friendly. It can be daunting or intimidating for users who may not have knowledge of accounting software.
  • I feel that if Drillpoint reports can be integrated with the Scheduler Module, it would make reporting and data manipulation even better.
Donavan Lam, CPA profile photo
  • The functions EBS offers are not user friendly. Therefore, you might need a training in order to understand EBS features.
  • It only works on best practices of businesses. It's not possible to create your own process flow.
  • EBS provides you all the processes which have been in practicing in businesses globally.
  • The cost of system is higher. Go with EBS only if you are a Medium level or above enterprise.
  • Sometime it works slow, when you export the heavy files.
No photo available

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 answers
We are so used to this software there is no chance of us starting with a new software and re-learning every step.we are content with the software at this moment and feel there is no need to look for a new accounting software
Luis Godoy profile photo
No score
No answers yet
No answers on this topic

Usability

Abila MIP Fund Accounting8.6
Based on 33 answers
It is great and easy to use once you have had some training, some are more complex than others, but overall it is a great product.
Tracie Lambright profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Abila MIP Fund Accounting8.9
Based on 6 answers
The only time we have had a big issue is when our server went out, and this was not a MIP issue
Frances LeClair profile photo
No score
No answers yet
No answers on this topic

Performance

Abila MIP Fund Accounting9.9
Based on 6 answers
We have had problems with MIP's ability to integrate with other software or systems. Just makes for a longer shopping time when searching for products we need to integrate with MIP
Frances LeClair profile photo
No score
No answers yet
No answers on this topic

Support

Abila MIP Fund Accounting8.4
Based on 30 answers
Our reseller and the MIP technical support team has been very reactive when questions or problems have arisen. The reseller has been especially helpful in figuring what to do about entry problems.
Nikki Patterson profile photo
No score
No answers yet
No answers on this topic

In-Person Training

Abila MIP Fund Accounting7.9
Based on 6 answers
There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Online Training

Abila MIP Fund Accounting9.9
Based on 3 answers
Personalized training provided for our organization
karen hoffman profile photo
No score
No answers yet
No answers on this topic

Implementation

Abila MIP Fund Accounting6.9
Based on 19 answers
MUST have a good partner to guide you through the set up steps. A seasoned organization is imperative. They can help navigate issues because they have dealt with them before.
Jan Crockett profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

I personally have used QuickBooks, Quicken, and a long-ago product by Software International. QuickBooks and Quicken are easier to use, but do not provide the reporting that Abila provides. Non-profits need an easy way to allocate expenses between grants, especially payroll. They also need to be able to provide reporting by grants. Abila seems to be able to provide this system.
Christine Frenzel profile photo
No answers on this topic

Scalability

Abila MIP Fund Accounting8.9
Based on 6 answers
Not real sure what you mean by scalability. It seems to be able to handle all of the funds we are currently working with. If you mean the looks of it, some things are small and it would be nice to increase the size according to the user.
Frances LeClair profile photo
No score
No answers yet
No answers on this topic

Return on Investment

  • As a non-profit, our main business objectives are to stay within regulations so that we may be paid by our funders and continue to contract with them..MIP allows us to track information to assist in this objective.
  • Cash management is very important, since we are often paid in arrears. MIP helps us track cash and outstanding program balances.
Kathy Dugan profile photo
  • Integration of information, resulting in efficiency, transparency and effective MIS.
  • Error reduction, accuracy of inventory record.
  • Establishment of standardized procedures
  • Reduction in the cost of after sales services.
No photo available

Screenshots

Oracle Financials Cloud

Pricing Details

Abila MIP Fund Accounting

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Oracle Financials Cloud

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details